To Keep Top Talent, Employers Need to Consider Work-life Balance
In its 2019 National Business Trends Survey, the EEA aimed to determine the top five most important factors prospective employees are looking for, with the goal of assisting employers with recruitment and retention. The top five factors included, in order, competitive pay (named by 82% of respondents), good work/life balance (69.2 %), flexibility in work hours (56.1%), opportunities for advancement (55.4%), and competitive health benefits (49.9%). “The shortage of labor will be a key factor for employers in 2019,” said Phil Brandt, who chairs the EAA board of directors. “How employers will fill those new jobs is the real story. Employers will need to be even more creative in their recruitment and retention efforts than ever before.” And if employees are prioritizing balance in their lives, companies should take notice, if only to assess the well-being of their workforce.